Plan Ledger DOL Form 5500 · updated monthly

Turf Equipment & Supply Company, Inc401(k)

TURF EQUIPMENT & SUPPLY CO., INC 401(K) PENSION PLAN · JESSUP, MD · plan year 2024

Reported admin expense ratio · 2024
0.25%

Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works

Turf Equipment & Supply Company, Inc reported $76,884 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $5,716 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.33% to 0.25%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 461st-largest of 1,671 plans among Maryland employers on file, and the 1,339th of 4,246 in wholesale trade. In 2024, employees put in $1.29 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$30,671,113
Participants with balances228
Active participants169
Employer contributions$966,050
Employee contributions$1,247,197
Employer contribution per active participant$5,716
Average account balance$134,522
Benefits paid to participants$4,848,616
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$30.7M · 228 accts · $966K emplr
2023$29.9M · 219 accts · $909K emplr
2022$25.9M · 213 accts · $909K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,907
Investment management$58,977
Total administrative$76,884
The Turf Equipment & Supply Company, Inc 401(k) match · 2024
Employer contribution per active participant$5,716
Median for plans this size$2,416
2024$5,716 per active participant
2023$5,475 per active participant
2022$5,223 per active participant

Turf Equipment & Supply Company, Inc's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
THE VANGUARD GROUP, INC. · Recordkeeping · Loan processing$17,907
CHOREO LLC · Investment advisory (plan)$58,977

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$76,884 · 0.25%
2023$70,435 · 0.25%
2022$67,809 · 0.33%
Same employer
Similar plansWholesale Trade · Maryland
Tilley Distribution, Inc. MD$40.8M · 0.25%
Northeastern Supply, Inc. MD$39.6M · 0.39%
Waldorf Ford, Inc. MD$34.2M · 0.46%
Aireco Supply, Inc. MD$29.8M · 0.19%
Bell Nursery USA LLC MD$19.5M · 0.39%
Leadiant Biosciences, Inc. MD$19.4M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521164738 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.